Sahaj Agrawal
Sahaj Agrawal
Nifty F&O outlook: Strong market breadth continues to support bullish momentum, with the technical setup suggesting potential for an extended move
Nifty trading strategy: With a likely trading range mentioned above for the coming week, a Short Strangle strategy could be an effective way to capitalize on expected consolidation
Nifty technical outlook: With a likely trading range mentioned above for the coming week, a Short Strangle strategy could be an effective way to capitalise on expected consolidation
Nifty F&O strategy: Analysts say short-term dips in Nifty should be viewed as buying opportunities within this broader uptrend
Sahaj Agrawal of Kotak Securities recommends a Nifty Bull Call Spread in F&O for the upcoming May 29 expiry.
Nifty trading today: Given the prevailing volatility and the presence of clearly defined support and resistance levels, a 'Bull Call Spread' is an optimal strategy
With a likely Nifty trading range for the coming week, a Short Strangle strategy could be an effective way to capitalise on expected consolidation
A Bull Call Spread is recommended to capture the anticipated rally while maintaining a defined risk-reward framework, says Sahaj Agrawal
A bull call spread allows participation in the ongoing uptrend with a defined risk-reward profile
With a likely trading Nifty range of 23,700-24,700 in the coming week, a Short Strangle strategy could be an effective way to capitalise on expected consolidation
Short-term technical indicators suggest that the market is temporarily overbought, increasing the probability of near-term consolidation
Strategy View: With a likely trading range of 23,700-24,600 in the coming week, a Short Strangle strategy could be an effective way to capitalise on expected consolidation
Short-term technical indicators have entered overbought territory, suggesting markets may consolidate
Given the sharp rally in the last few days and midcaps experiencing a fatigue, Nifty is also likely to take a breather and undergo a consolidative phase
Nifty staged a sharp rebound post Monday's gap-down, with the multi-support zone at 21,800-21,700
A breakout above 23,350 could fuel further upside towards the 23,700-23,800 range, said analyst at Kotak Securities
Significantly, call OI at 24,000 and put OI at 23,500 & 23,000, suggesting a well-defined trading range that supports a short, strangled setup
Given the sharp rally in the last few days, Nifty is likely to take a breather and undergo a consolidative phase
A trendline breakout above 23100 was seen on Thursday, indicating a short-term reversal in the technical structure
Immediate resistance lies at 22750-22,800, a level that previously acted as support in Jan-Feb 2025, while support lies near 22,200-22,150